3802 Bayshore Rd - Office FOR SALE


North Cape May, NJ 08204
$549,900 USD
609-675-0248
3802 Bayshore Rd, North Cape May, NJ for Sale
$549,900 USD
Office - FOR SALE
1/30
null | Request Cap Rate

3802 Bayshore Rd
North Cape May, NJ 08204


HIGHLIGHTS

  • Heavy Traffic Area
  • 3 Miles from Cape May City
  • Value-Add Opportunity

OVERVIEW

Rare Commercial duplex located in the Commercial sector of North Cape May, just 3 miles from historic Cape May. These 2 Commercial storefronts offer a large off-street parking lot, typically hard to come by. Currently 1 of the 2 Commercial units are rented. The unrented space is an established barber shop occupied by the seller who recently closed due to retirement. Barber shop business, goodwill and equipment convey with the sale. Large basement area may offer the opportunity for additional rental income, check with zoning for possibilities. Seller financing terms: $50% down payment. 10 year term. Interest rate will be 1% lower than current commercial rate!

FOR SALE DETAILS

PRICE

$549,900 USD

PRICE/SF

$236 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

3802 Bayshore

PROPERTY TYPE

Office

ADD'L SUBTYPES

Storefront Retail/Office, Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1971

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.38 AC

LAND SF

16,553 SF

ZONING

GB-1

APN/PARCEL ID

05-00628-0000-00112

ASK ABOUT THIS PROPERTY

Christina CavalierFarrell Ocean to Bay Realty, LLCMore Info
609-675-0248

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Christina CavalierFarrell Ocean to Bay Realty, LLCMore Info
609-675-0248

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.